2 stories mentioning SHA:688686Updated 57d ago
Every FINWIRES story that references SHA:688686, newest first.
OPT Machine Vision Tech (SHA:688686) launched its convertible bond issue of 12.7 million units at 100 yuan apiece to raise 1.27 billion yuan.Industrial Securities serves as lead underwriter, according to a Wednesday filing with the Shanghai bourse.Shares of the machine vision components and software supplier closed 3% lower Wednesday.
OPT Machine Vision Tech (SHA:688686) plans to raise up to 1.27 billion yuan from the issuance of convertible corporate bonds to unnamed investors, according to a prospectus filed Monday with the Shanghai Stock Exchange.The bonds hold a term of six years maturing on July 28, 2032, with an interest of 0.1% on the first year, 0.3% on the second year, 0.6% on the third year, 1% on the fourth year, 1.5% on the fifth, and 2% on the sixth.Proceeds will help fund its vision sensor and smart hardware expansion, AI intelligent vision solution system research and development, and industrial-grade robot core projects. It will also help finance working capital.
